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The Nov 2016 YTD Aspen Snowmass Real Estate Market Snapshot will be posted late Tues Dec 13th. The Oct 2016 Snapshot was posted on Mon Nov 7th in… Read More

The Oct 2016 YTD Aspen Snowmass Real Estate Market Snapshot was posted on Mon Nov 7th in Current Reports.The Monthly… Read More

  02/13/11 AT Weekly Cover,”Aspen-area economy begins to turn the corner” Edited excerpt: ASPEN REAL ESTATE — Tim Estin, an Aspen broker associate for Mason Morse Real Estate, believes the Aspen-Snowmass Village real estate market bottomed out in… Read More

On 12/24/09, Colorado Public Radio interviewed Aspen real estate broker and blogger Tim Estin about recent trends in one of the wealthiest markets in the country. To listen to interview, click link: “AspenReal Estate Goes Through Peaks and Valleys” .. .This posting is derived from notes… Read More

The Nov 2016 YTD Aspen Snowmass Real Estate Market Snapshot will be posted late Tues Dec 19th. The Oct 2016 Snapshot was posted on Mon Nov 7th in… Read More

Last week’s sales activity is posted below. Scroll down page for photos and details of weekly solds and under contract /pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the… Read More

The site has experienced server interruptions with related active link and email contact issues Jul 19 – Aug 2nd. My sincere apology. I believe it’s all fixed but I may only really know if you advise me of issues/problems. Thank you. Read More

Breaking down the statistics illuminates further trends. ASPEN REAL ESTATE — In the upper valley market, from Aspen to Old Snowmass and including Snowmass Village, the number of sales—235—is even with last year through September, according to Tim Estin, a broker with Coldwell Banker Mason Morse who does his own monthly and quarterly reports. Overall dollar volume is down 12 percent, mainly due to 30 percent fewer big-ticket sales this year, which Estin claims accounts for almost the entire dollar volume difference between this year and last. Still, overall third-quarter sales were strong, up 25 percent in dollars ($240.4 million) and 13 percent in unit sales (81) compared to the period of July 1 to Sept. 30 last year, according to Estin. The past few years have started out strong and sputtered to a close, but this year had the strongest third quarter of the past four years, Estin reported. A particularly strong segment is Aspen single-family home sales. Aspen (which for Estin includes Woody Creek and Old Snowmass) accounted for 83 percent of the overall dollar volume in the third quarter, and Aspen single-family home sales accounted for 56 percent of that dollar volume. Aspen homes sales were up 46 percent in dollar volume and 22 percent in number of sales in the third quarter. And the surge appears to have continued in October—Estin recently reported 15 sales of single-family homes in Aspen compared to six in October 2011. Commensurate with this was a 3 percent increase in the median home price ($3.8 million) and a 13 percent increase in the price per square foot ($1,013) in the third quarter. “Both metrics … can be seen as positive signs of home price stabilization,” Estin wrote. By Catherine Lutz, Nov. 7, 12 ABJ Snowmass Base Village Read More

updated 6/07/10 9AM Memorial Day 2010: State of Aspen Real Estate I don’t pretend to be smart enough to know where the economy is going nor do I have the ability to really see the trends except when they’ve already occurred. While it’s likely I would be… Read More

By Tim Estin mba, gri / Broker Associate / Mason Morse Real Estate Aspen / 970.920.7387 office (Nov 2008 author's comment: lot values are down an estimated 10-20% since this article was written in '06. The current credit freeze has virtually shut down land sales and related financing. Where there have been isolated sales, prices are generally lower than those quoted in this article written during the record year in the Aspen real estate marketplace.) original article in Mountain Business Journal, March 21st, 2006) Land value drives real estate prices. And as vacant land in Aspen is almost impossible to find, much of the existing home stock built in the 1960’s through the ‘80’s becomes attractive to builders and developers for what lies beneath, not the structures themselves in spite of their apparent livability. This is not just an Aspen phenomenon. Most high end localities and resorts around the country are experiencing this ‘tear down land rush’ as well. Read More

Residences at The Little Nell - Scheduled Closings Jan '09 The scheduled January '09 closings at Residences at The Little Nell at the base of the Aspen Mountain Gondola will dominate real estate news in the next few weeks. In Jan to date, there have been approximately (7) closings - of 208 total available units - of the three and four bedroom 1/8th interest fractional units. - Closed Three Bdrms: price range of the closed units last week was $1.1M - $1.65M - Closed Four Bdrms: price of the one unit that closed last week was $2.25M Read More

Click image for full report and charts. Summary is below. Click image for full report and charts. Summary is below.(v18) About this Report The Estin Report on Aspen Snowmass real… Read More